tv Trish Regan Primetime FOX Business June 15, 2019 2:00am-3:00am EDT
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given $150 billion by the obama administration. we are not going to tolerate terrorists anymore. that's why there is a >> an 8-year-old gets a very strange inheritance. >> when my dad died, everyone was heartbroken. >> but what does a boy do with a winery? >> the funniest thing is when i would tell my friends' parents, and they would totally freak out. >> talk about getting your feet wet in a new business. >> drink it. it's grape juice. >> that is really good. >> but how does the family keep it from dying on the vine? >> i didn't know anything about wine except that i like to drink it. >> so what's the heir going to do when he grows up? >> i'm trying to prove that i'm not the owner's kid who just gets handed these things. [ cork pops ] [ door creaks ] [ wind howls ] [ thunder rumbles ] [ bird caws ] ♪
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>> i'm jamie colby, and today i'm traveling through the willamette valley of oregon -- wine country. in fact, this area is home to around 400 wineries. so you can probably guess what this episode of "strange inheritance" is all about. but it's one that was passed down far too soon, and to a most improbable heir. >> my name is pascal brooks. when i was 8 years old, i inherited something that is pretty special and still blows my mind. ♪ >> thank you so much for having me, pascal. wow, it is an honor to meet you. how unusual is it for somebody your age to be in charge of all this? >> i'm not the one that does the work. i simply own it. >> the 18-year-old may own this winery, but he can't legally drink its product. however, he does pitch in, every so often, to get a good feel for his strange inheritance. nice to see you helping out
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the family winery. very nice. the story of how pascal became the world's youngest owner of a winery begins with his father, jimi brooks. janie heuck is pascal's aunt. she and pascal's dad, jimi, grew up in portland. >> as we got older and got out of high school, we both took very, very different paths. >> janie zips through a degree in accounting, while jimi goes on the five-year plan, finally gets his b.a., but then decides to find himself by traveling through europe. >> so he moved over there, took a few jobs, would go spend his money travelling, and find another job. >> for one job, jimi harvests grapes in the beaujolais region of france. at another, he teaches english as a second language in krakow, poland, a position he takes after setting eyes on 20-year-old waitress bozena kutyba. romance leads to marriage in september 1995.
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soon baby pascal arrives, and jimi moves his young family back to portland. >> i remember the first time when we drove from the airport into portland. i've never seen anything like that -- this beautiful river and then the lights. >> jimi gets a gig as a vineyard manager, and in his spare time starts his own brand of wine. he enlists the help of a friend, chris williams, who until that point was not a winemaker, but a motorcycle mechanic. >> jimi's whole goal was to be able to make wines that people enjoyed, make wines that we enjoyed. >> but while jimi's focused on his career, his marriage to bozena turns bitter. in 2000, they divorce. they agree that pascal will spend every other weekend with his dad. on many a saturday, jimi takes pascal to work. your dad tried to pull you into this as a kid, right?
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he wanted you around? >> whenever i was with him, it was more for the fact that i was with him and he was happy that i was there. >> what do you remember about your dad? >> i remember waking up, and it'd be cold and early, and we'd get into this dilapidated truck, and we'd stop for coffee and a cinnamon roll early in the morning. >> by 2001, jimi is head winemaker for one winery, and as a perk, he's allowed to make thousands of cases of his own brooks wine on the side. jimi starts buying grapes from other farmers, then leases a 20-acre plot planted with old vines. he hopes to buy it one day. jimi becomes a pioneer in oregon of a farming method he learned in france called biodynamics. it uses no chemicals or additives, but focuses on soil fertility and even the phases of the moon. >> so the fruit comes in... >> chris gives me a little backstage tour and shows me how they make their pinot noir. they're beautiful grapes.
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may i taste one? >> of course. >> mmm. >> nice and ripe, sweet, but not too sweet. >> amazing. >> the idea behind pinot is to have whole berries, which lets the fermentation happen inside the berry. >> this is a pretty big bucket of grapes. how many bottles of wine am i looking at? >> about a 120 gallons, which would be roughly 50 cases. >> by december 2003, jimi's wines are getting noticed throughout oregon and beyond. he tells the atlantic monthly magazine he hopes that one day his winery will be his son's inheritance. >> he stated in that very clearly that he wanted his winery to be a legacy for pascal. >> then one saturday morning in september 2004, jimi is arguing with his ex-wife about whose turn it is to be with pascal. after that call, jimi makes another one, to his girlfriend.
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>> he was on the phone with his girlfriend when he mentioned that his chest was hurting and could she come over. >> before jimi's girlfriend can arrive, jimi dies of an aortic aneurysm. he's 38 years old. pascal is 8. >> i think when my dad died, everyone was heartbroken. kids soak up the atmosphere, and it wasn't that i readily wanted to do that, but you just don't know how to rationalize it. >> jimi's sister, janie, is at home in northern california with her husband and two young children when she gets the call. she immediately begins the long trek up to oregon. she arrives to a find a crowd of people she barely knows in her brother's house. what happens next will not only turn janie's life upside down, but determine whether her nephew's strange inheritance is anything but a crop of grapes about to wither on the vine. >> one of the few things you can do for someone who's died
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[ wind howls ] [ bird caws ] >> so what's the reason some winemakers crush their grapes with their feet? it's, "c," flavor. the human foot is said to be ideally suited to crushing grapes without breaking open the grape seeds that give wine a bitter taste. >> it's september 2004, the middle of harvest season for oregon winemakers. this year, however, shock permeates this beautiful landscape after up-and-coming winemaker jimi brooks dies unexpectedly. the 38-year-old leaves behind a wine label that's won critical acclaim, and his only heir, an 8-year-old son, pascal. there are also loose ends. jimi has no will and zero savings. he's left pascal's mom, bozena, with few options. >> he was a known winemaker,
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but when pascal inherited the winery, it was more like a label -- really not much behind it. i said the only thing i can try is to raise pascal. >> but there's another pressing issue. jimi left several tons of grapes still on the vine. his sister, janie, arrives in oregon to settle his affairs. what did the other growers tell you about the importance of jimi's work continuing? >> he was blazing new trails, and they didn't want to see the brand go away, and they all stepped up and offered to take his fruit that year and make his wine for free if i would help them on the business side. >> tad seestedt is one of those other growers and a longtime friend of jimi's. >> one of the few things you can do for someone who's died is help their family take care of their unfinished business. jimi had told me at least a handful of times he didn't feel like he had much of
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a legacy for pascal besides his winery. >> so tad and the other growers harvest jimi's crop, make it into wine, and keep brooks winery alive. and janie begins the legal paperwork of transferring ownership of brooks winery to her nephew, pascal. she agrees to be his financial guardian and manager of the winery without pay, but there's one big problem. >> i didn't know anything about wine at all except that i like to drink it. >> so janie bones up on viticulture, the study of grapes for winemaking, and she asks chris williams to be head winemaker. was it important to you to talk him into taking the role? >> he was the only one that had worked for jimi, and that's where he had learned everything he knew about making wine. >> this sounds like a recipe for disaster -- an 8-year-old kid and his accountant aunt get together with a former motorcycle mechanic to make wine?
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but let me sit down and taste that pinot before passing judgment. so, aerate? why? >> it blends oxygen with the wine, and it brings out more of the aromatics. >> smell because? >> it gives your senses a feeling of what you're actually gonna get. >> wow. i'm speechless. normally i would come up with tobacco and wood tree and mold, but in a good way, but it's none of those things. okay, delicious wine. not a bad start. but selling wine is a hyper-competitive business, and i've learned getting those first bottles sold while you're making your next vintage can require big bucks. all of this doesn't come cheap. >> and trying to keep the demand side equivalent to our supply was a big learning curve for me. >> so while janie goes on the road to entice distributors, pascal trolleys off to grade school, able to brag about being the youngest winery owner in the world. >> i think the funniest thing
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with that is when i would tell my friends' parents, and they would totally freak out. >> soon, several stores in the high-end supermarket chain whole foods agree to stock brooks wines, as do other retailers in nine states and japan. on a roll in 2005, janie re-negotiates a lease for the same vineyard where jimi had been growing his grapes. she also develops a 2,500-square-foot sales and tasting room in amity, oregon, in anticipation of exponential growth... which doesn't happen. >> it did get to a point where i had to really get ahold of how to add more markets so that we could sell more wine. >> faced with losing momentum and losing her brother's only legacy to his son, janie searches for her next move. that is, until affairs of state intervene. >> lo and behold, i got a phone call from the white house. >> that and the future of
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world's youngest winery owner, following the untimely death of his father, jimi brooks. his aunt, janie heuck, volunteered to oversee brooks wines until its young heir comes of age. but she's struggling to keep her brother's legacy afloat. that is, until she gets a phone call from a wine steward in chicago. >> he called me and told me he was catering a dinner and wanted to serve our riesling, and, lo and behold, the next day i got a phone call and an e-mail from the white house. >> brooks' 2006 ara riesling is selected for president barack obama's first state dinner, honoring the prime minister of india. >> when the white house calls and places an order for wine for a state dinner, does that wine sell out? >> well, in this case, because there was so much hype around it being his first dinner, it made it even more sought-after. >> even though brooks wines is now riding high, things aren't going as well for pascal.
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>> i think there's the age when their dad should be at their games, and they know that they will never get that. i think that was the most difficult time for pascal. >> add to that, pascal and his mom have relocated across the country from portland to pittsburgh so that she could take a new job. >> when i left oregon, i was heartbroken. i think, for me, i was still in shock. >> pascal spends summers in oregon, but the trips remind him of what's missing in his life -- his father. what is it like to not be able to turn to your dad and say, "hey, dad?" >> the older you get, you realize there's a shadow of something that should be there, and so you're constantly clinging for something like that. >> during his summer visits, pascal gets hands-on experience in the winery he owns. does it bring you any comfort then to have this be a part of your life? >> it's more for the fact of making those people's lives easier and trying to prove that
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i'm not the owner's kid who just gets handed these things. >> it's finally time for me to get some hands-on experience of my own. well, not hands-on, but feet-on. it's the time-honored practice of stomping grapes. >> jamie, come on in. join me. >> all right, where's my stunt double when i need her? how deep is it? >> oh, about up to your knees. >> you know, i failed gymnastics. ahhh. ooh! >> it feels good. >> grapes feel good. i hear they're anti-aging. so what are we doing exactly? >> we want a little bit of separation before we make it into rosé. we're separating the berry itself from its juice. >> wow, what an awesome feeling. they still make wine this way? >> some places they do. drink it. it's grape juice. [ slurps ] >> whoa. >> it's good, isn't it? >> that is really good. now, brooks has become too big to make its wine this way.
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you might say it's on more solid footing. [ rim shot ] they're making pinot noirs and rieslings in jimi's style -- at least 12,000 cases a year -- and now selling in 14 states, japan, and the u.k. >> we have a great distribution network right now, so plenty of demand for our product throughout the country, and i feel like we're really solid and really stable. >> solid enough for janie to realize it's time for a big step. a plot of land that was very special to her brother comes up for sale -- a 20-acre vineyard he had always wanted to buy. >> we thought, okay, it's time for us to acquire the vineyard. >> but what about the 18-year-old owner of brooks winery? what does any of this mean for him and his strange inheritance? what if you go to college and you decide, "i want to be an architect"? that's next. here you go little guy.
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"strange inheritance." [ bird caws ] >> 2014 marks the 10th anniversary of jimi brooks' death, a winemaker whose passion and innovative techniques live on through the dedication of his sister, janie, his best friend, chris, and his only child, pascal, now 18 years old, and the heir to this strange inheritance. since jimi died in 2004, janie has been running the business and growing it by leaps and bounds. >> we grew from jimi making 2,500 cases, and now we make between 12,000 and 14,000, which is really the sweet spot in terms of keeping our wines affordable. >> janie knew that when her brother started the winery, he wanted it to have a permanent vineyard on a special plot of land -- the one he was leasing when he grew his last crop of grapes in 2004.
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when it comes up for sale, brooks wines is not able to swing the deal by itself, but aunt janie decides now is the time. did you have to put any of your own money in? >> yeah. my husband and i personally own the vineyard, and pascal leases it from us. >> in april 2014, the brooks winery you see here today broke ground. the business is still 100% owned by pascal. it's no longer the fledgling label his father left behind, but a big enterprise with long-term commitments. so how does all of that sit with a young man headed off to college? will he follow in his dad's footsteps? what if you go to college and you decide, "i want to be an architect"? >> then that's what i'm gonna do. i'll still own it, but i'll be an architect. >> before pascal heads off... [ cork pops ] ...janie throws a party to celebrate the new winery and their loving memory of jimi brooks.
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>> so that was your dad's europe backpack, and this is a draft book -- a collection of stories and pictures from your dad's friends. i didn't have time to finish it, but... [ applause ] >> one of my favorite things he left me was his library. i've gone through and found his notes scrawled in the margins or found something that he says there. it's like having a conversation with him. >> i think he's right now at this very good point in his life when he is looking forward to honor his dad's memory, but he is so set on making his own path, and that is exactly like his dad. >> he's my rainbow. the day we broke ground here, there was a double rainbow over the vineyard. i'm not a super spiritual person that way, but i do feel when things might need to be a little bit brighter,
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something good will happen, and i attribute that to him. >> the brooks wines label comes from a tattoo that jimi had on his left arm. it's the mythical serpent known as ouroboros, swallowing its own tail. in cultures around the world, it represents the never-ending cycle of life, death, and renewal. when he chose it, jimi could not have known just how appropriate a symbol it would become for the winery that he founded, that his sister rescued and built into a success, and that his son, pascal, has inherited. and now pascal tells me he's going to get that same tattoo. so here's to all that. i'm jamie colby for "strange inheritance." thanks so much for watching. and remember -- you can't take it with you. do you have a "strange inheritance" story you'd like to share with us?
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we'd love to hear it. send me an e-mail or or go to our website, strangeinheritance.com >> she's a jet-setter in the golden age of travel... >> pan am flight attendants were iconic. >> did she fit the bill? >> i think shecreatedthe bill. >> ...bringing back these from around the globe. >> indonesian, african, chinese -- they came from everywhere. i thought she was a smuggler, which made it even more exciting. >> what?! >> are they just silly trinkets... >> is there a big market for beads? >> there's a big market for beads. >> this is the real deal? >> this is the real deal. >> ...or historical treasures worth a mint? >>thedalai lama? >> yes. [ gavel bangs ] >> bidder 561 is for $11,000. [ door creaks ] [ wind howls ] [ thunder rumbles ]
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[ bird caws ] ♪ >> i'm jamie colby, thrilled to be on my latest adventure, here in san francisco. the woman at the heart of this story also loved to travel and took home the smallest of souvenirs from every place she visited. those tiny keepsakes could add up to abigpayday for her heirs. >> my name is lise mousel. for over half a century, my glamorous aunt naomi traveled the world in style. she always had a surprise for us, but the biggest one came after she passed away. [ knock on door ] >> i want to know more about those surprises, so i meet lise and her mother, carol, at the condo where aunt naomi lived for more than 30 years. lise now calls the place home. oh, i love the way it's
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decorated -- minimalist. >> it wasn't always true, when naomi was here. >> really? >> yes, there was stuff everywhere. there was furniture and there were antiquities, and then there were the beads. >> beads everywhere. >> beads? >> beads. >> naomi lindstrom's story begins in a tiny logging town in british columbia, canada, where she's born in 1924. sister carol comes along nine years later. were you rich or poor? >> we were poor. naomi used to love to tell the story that if we needed a grouse for dinner, she'd take the shotgun and go and get it. >> but the backwoods life is too small for naomi's big dreams. by 18, she's a pre-med college student in seattle. >> she had one quarter left, but it was summer, and she saw a sign from united airlines saying "we're hiring." she thought, "i'll do it for the summer." >> what do you think it was about that sign asking for people to sign up to be
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stewardesses that attracted her? >> it was the travel. she always was an adventurer. >> naomi instantly falls in love with the globe-trotting lifestyle. she was hooked. >> she was hooked, and she never regretted it. >> in 1952, she jumps ship to pan-american airways -- not just the most prestigious of carriers, but a cultural icon. pan am was founded in 1927 as america's first international airline. an innovator in the use of jet aircraft, pan am becomes legendary for its luxury, panache, and above all, its classy, gorgeous stewardesses. pan am flight attendants were iconic. did she fit the bill, lise? >> oh, good lord, i think she createdthe bill, actually. >> how'd she look in her uniform? >> oh, she looked gorgeous. she looked gorgeous until she retired.
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>> the stew's life gives naomi the chance to see the world. during layovers, while her stewardess friends sit by the pool, naomi immerses herself in the local culture, which leads to a new hobby -- beads. that's how she befriends jamey allen -- over their shared love of the small mementos. what do you think naomi's fascination with beads was? >> she liked the fact that beads put you in touch with the culture that you admire or are interested in. >> in some cultures, they're money. in others, magical charms. for naomi, they slide easily into a suitcase and through customs. >> they are mankind's oldest portable art form. >> naomi soon identifies the perfect way to add to her bead count -- archaeological dig sites. and her $10 per diem from pan am comes in quite handy. >> at that particular point in
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time, the archeologists weren't interested in beads, and for $10, she could get a lot of beads. >> what if she needed the money to eat? >> oh, she knew that she could find somebody who'd buy dinner for her. >> naomi's tiny keepsakes soon include glass beads from china, jasper from south america, stone beads from the middle east, and countless more from around the world. these red coral beads come from india. naomi gets them in 1959 after striking up an acquaintance with a famous passenger. filmmaker and broadcaster lowell thomas is on a mission trip to aid the dalai lama, and naomi tags along. thedalai lama? >> yes. naomi was working in first class. she met lowell thomas. he was looking for somebody who could buy, inexpensively, all the supplies to build houses for the refugees. >> that is amazing.
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over the decades, naomi stockpiles her beads in her san francisco condo. >> i thought she was a smuggler, which made it even more exciting. >> what?! >> she was this kind of bigger-than-life, independent woman who did exactly what she wanted, and i thought she was magic. >> she never married? >> no, she never did. she had many proposals. she had so many diamond rings that she took all the diamonds and made one band. >> from different guys? >> all from different guys. >> by the early 2000s, naomi is long retired from pan am, and her world travels have come to an end. but even into her 80s, she's still feisty as ever. >> she was probably about a year beyond needing full-time care, but she kept sending her caregivers home. so mom and i decided that the best thing to do was to have a family member live with her, and i was portable at the time and eager because i loved her so much. >> lise lives with her aunt naomi for the next year. then, in march 2014, just weeks
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shy of her 90th birthday, naomi peacefully passes away. she names her sister carol her sole heir, who, in turn, makes lise trustee of the estate. that's when they learn aunt naomi's little trinkets are a lot more than that. >> well, we were all astounded. we still were not prepared for what we found. >> i almost had a heart attack. >> that's next. >> but first, our "strange inheritance" quiz question. which of the following was not a requirement for pan am stewardesses during the golden age of flying? the answer when we return. thanks for coming. no problem. -you're welcome. this is the durabed of the all new chevy silverado.
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it looks real sturdy. -the bed is huge. it has available led cargo area lighting. lights up the entire bed. it even offers a built in 120 volt outlet. wow. plug that in for me. whoa! -holy smokes! -oh wow! and the all new silverado has more trim levels than any other pickup. whoa! oh wow! -very cool. there's something for all of us. absolutely. it's time to upgrade. (laughter)
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sister and niece are rummaging through her san francisco condo, wondering whether their inheritance is filled with treasures or trash. >> i was desperate to get things cleared out. it was overwhelming because i didn't have a clue what i was looking at. >> do you take a garbage bag and just get started? >> it was tempting. it was really tempting. there was drawer upon drawer upon drawer. and when you opened them, every drawer was just overflowing. >> she converted closets into bead drawers. these are beautiful. >> it's not just loose beads stashed everywhere, but hundreds of bead necklaces. >> we probably spent the better part of two days just taking the necklaces out and laying them across the beds. >> the handmade pieces range from glamorous to exotic to simply bizarre. >> this is a necklace that naomi
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wore. it's dogs' teeth. >> dog teeth -- that's a new one. thousands upon thousands of beads. it's simply overwhelming for carol. when you looked at all the beads, what was your first reaction? >> "wow. what have we gotten into?" >> but help's just a phone call away -- to naomi's friend and fellow bead enthusiast jamey allen. >> well, we were all astounded. we were not prepared for what we found. >> jamey's first step is to catalog the collection. >> jamey and i spent months together, going through drawers, with me helping him sort and saying, "jamey, what's this? jamey, what's this?" >> the beads may look alike to lise, but not to jamey's discerning eye. he's able to deduce a bead's cultural origin by studying its material, shape, color, and markings. for instance, the distinctive
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reddish hue on this strand reveals its provenance. >> these beads were made in burma. >> how do you know? >> whereas most amber is yellow, burmese amber is more often red. so, you can determine a lot of things visually -- by the color, by the clarity, by the uniformity of the color. >> other hints help determine a bead's age -- erosion signs, texture, and rarity. another clue -- older beads typically have larger holes, due to the lack of sophisticated cutting tools. >> beads were made by hand, and they were made by artisans, and they were made one at a time, and they had a lot of skill and time invested in them. >> jamey's analysis yields a stunning conclusion -- many of naomi's beads are not only very old, but rare. ancient items include 17th century glass trading beads from venice and these amber ones from the chinese qing dynasty. >> they probably were originally
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in a mandarin court necklace about 150 years ago. >> other beads, he tells them, are even older. there's west african quartz more than 1,000 years old, pre-columbian ceramic from peru, and afghani beads from the 3rd millennium b.c. are these museum-worthy? >> absolutely. there are many, many museum-worthy pieces in the lindstrom collection. >> i had no idea. i mean, to me, it's a bunch of beads. >> a bunch of beads that jamey says might be worth their weight in gold. >> a well-made bead from 3,000 years ago is a very valuable thing. >> but justhowvaluable? >> before i knew it, she was practically hyperventilating. >> i was just overtaken by the beauty of everything that she had. >> that's next. >> here's another quiz question for you.
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>> so, which of these beads is typically the most valuable? it's "c." imperial jade is a prized material symbolizing water and life. in 2014, a jade necklace sold in hong kong for more than $27 million. >> after the death of her glamorous aunt naomi, a retired pan am stewardess, lise mousel and her mother, carol, are astonished to learn the exotic details of naomi's vast bead collection. >> it spans about 5,000 years of history and everything from
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indonesian, african, chinese, japanese, european. they came from everywhere. >> naomi also created one-of-a-kind necklaces from her tiny treasures -- beaded jewelry that now might be worth a small fortune. did you have any idea how much they were all worth? >> no. i knew nothing about beads. >> she finds out when she invites rhonda harness of michaan's auctions to naomi's san francisco condo. >> when i walked in the house, i was just overtaken by the beauty of everything that she had. you just don't see these items. the collection is phenomenal. >> it's immediately clear to rhonda that this is one of the top bead collections in america and deserves its own stand-alone auction -- which i'm previewing today, just hours before the big event. what are you wearing, to start? >> i'm wearing an ancient tibetan necklace of coral.
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>> from what i understand, the piece you're wearing has an estimate of $30,000. >> that is correct. coral is so popular right now, and you just don't see it -- the size, the color, the quality. it's almost impossible to find. >> is there a big market for beads? >> there's a big market for beads. beads are the first jewelry that was ever worn. beads were worn before clothes were worn. >> they were also used as charms -- like this ancient tibetan dzi bead, said to bring good luck and ward off evil. i see people walking around new york city with evil eye bracelets. this is the real deal? >> this is the real deal. >> what would this little bead go for? >> well, we have it very reasonably priced at $1,500 to $2,000. this is an incredible necklace right here. they're ancient beads from afghanistan, and they're glass beads. >> its pre-sale estimate -- $3,000. this really caught my eye. >> it's pre-columbian, and it's
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beautiful beads of crystal carnelian. very rare to find these. can i put this on you? >> please do. why wait? >> it looks like it was made for you. >> and it could be mine for $6k. rhonda tells me that memento from naomi's time helping the dalai lama should also attract attention. >> i have had so much interest in it. i feel this is going to do very well. >> the pre-sale estimate -- more than 10 grand. while this central asian necklace from 700 b.c. is appraised at $18,000. there's no telling what the entire cache will bring in. ready to find out? that's next. are you nervous? >> i'm terrified. >> with that, we will begin. >> i am hoping that i've done everything i could have done up to this point. >> $500 is bid. online at $500. >> what's your "strange inheritance" story? we'd love to tell it. send me an e-mail or go to our
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>> now back to "strange inheritance." >> $200 to start. do i have any takers for $200? $200 right there. $225 now. $225. do we go $250? >> in march 2016, the naomi lindstrom collection hits the auction block at michaan's in alameda, california. the treasure trove includes ancient beads and necklaces spanning more than 5,000 years of history that the pan am stewardess acquired from around the globe and bequeathed to her sister carol... like these ancient beads excavated in mali. >> these are at least 1,000 years old. >> wow. unfortunately, this day is gonna cost me some money. >> i'd say collect it now, because you'll never see it again. >> naomi would be standing there with her chest out, her head back, and a big smile on her face, saying, "yes, i did this." she'd be so proud.
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she'd be thrilled. >> naomi felt all of these things were her babies. and today, we're looking for a lot of good homes. >> $475. >> $475 now. $475's the bid. go $500? >> the auction gets going. some of the pre-sale estimates are right on the button. >> lot number 4418 -- an ancient afghanistan glass bead necklace. >> those afghani glass beads i tried on... >> $3,000. [ cash register dings ] >> 4359, tibetan coral bead, gilded silver needle case necklace. and we'll start the bidding off on this at $6,000. >> $6,500. >> that necklace from naomi's time helping the dalai lama... >> bidder 561 is for $11,000. >> whoo! >> way to go. >> [ laughs ] >> whew! >> yeah. >> this is fun, isn't it? [ laughter ] >> it's even more fun when items go way above their appraisals. many do. remember that tiny tibetan spiritual bead priced at $1,500? >> and we'll start the bidding off on that at...
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>> this is the best one. >> $1,500 is bid. $1,500, $1,600, $1,700, $1,800. >> $1,900. >> $1,900, $2,000 -- >> $2,250. >> $2,500. $2,500. now go $2,750s online. $3,000 the bid. we're holding at $3,000. on the floor with $3,000. >> $2,250. now go $2,500. $2,500. $3,500 is on the floor. $3,750s online. no advance. >> $4,000. >> $4,000 still bidding online. $4,250. now go $4,500. >> $4,500. >> $4,500 is bid. online at $4,500. [ gavel bangs ] sold online for $4,500. >> that's triple its pre-auction estimate. more big sales follow... >> chinese white jade necklace. and we'll start the bidding off on that at $1,000. >> ...like this chinese white jade necklace... [ gavel bangs ] >> $4,250. [ cash register dings ] >> ...and an ancient himalayan strand that earns $5,900. [ gavel bangs ] >> bidder 604 for $3,000. >> the auction goes on for more than five hours. >> last call -- $3,750.
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>> nearly 300 lots, thousands of beads on the block. [ gavel banging ] in total, the auction earns more than 300,000 bucks. when you first looked at this collection and think, "ohhh! there's a lot of beads," and then you walk away with hundreds of thousands of dollars. that was an incredible gift from your aunt. >> oh, my gosh. it really was. and she'd be happy that people thought her things were interesting enough to buy them. >> and that may be just the beginning. many top-tier items that didn't hit their reserve will be re-offered down the line, like that ancient tibetan coral strand, the central asian stone necklace, and these mongolian beads. >> the plan is to market the heck out of it. and then we'll just hope that the right buyers are there on that particular day, looking. >> day of the auction, did it feel like naomi was there? >> shewas. >> excuse me? >> i had her ashes in my purse.
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>> she went to the auction. >> absolutely. she wanted to be put in a lake in british columbia, and i called mom and said, "would it be okay with you if we kept half of her ashes out and took them with us?" and she said, "sure. why not?" i think it's the best memorial service we could have given her. >> a fitting tribute to the pan am stewardess and her precious keepsakes from a life adventurously lived. on $10 a day... >> $10 per diem. [ laughs ] >> so, if lise brought half of aunt naomi's ashes to the auction, what happened to them afterward? well, once they gave naomi one final day with her precious beads, they decided to scatter the rest in places dear to naomi's heart. some will go in the soil outside her condo, while others will be sprinkled from this balcony over the city san francisco that she loved so much. bon voyage, naomi. thanks so much for watching
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"strange inheritance." i'm jamie colby. remember -- you can't take it with you. "wall street" begins right now. ♪ ♪ >> from the fox studios in new york city, this is maria bartiromo's "wall street." maria: and happy weekend, everybody. welcome to program that analyzes the week that was and helps position you for the week ahead. i'm maria bartiromo. in just a few moments, real estate titan larry silverstein, my potential guest this weekend. the calls getting louder after import prices saw the biggest decline in five months in the month of may. the labor department reported that import prices dropped three-tenths of a percent last month, but will this along with the continuing trade tensions and a tame consumer price report last month be enough to convince the fed to reverse court and cut aggres
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